Security News > 2023 > September > Mixin Network suspends operations following $200 million hack

Mixin Network suspends operations following $200 million hack
2023-09-25 13:23

Mixin Network, an open-source, peer-to-peer transactional network for digital assets, has announced today on Twitter that deposits and withdrawals are suspended effective immediately due to a $200 million hack the platform suffered on Saturday.

Blockchain trackers like PeckShield and Lookonchain have identified roughly $141 million of the stolen assets, analyzed as $93.5M in ETH, $23.5M in DAI, and $23.3M in BTC. This makes the Mixin incident one of the most significant crypto heists this year and creates immediate suspicion about the Lazarus group being responsible for the attack.

The Mixin hack has not been attributed to Lazarus and no evidence so far points to the North Korean group being involved.

Crypto casino Stake.com loses $41 million to hot wallet hackers.

Lazarus hackers linked to the $35 million Atomic Wallet heist.

Atomic Wallet hacks lead to over $35 million in crypto stolen.


News URL

https://www.bleepingcomputer.com/news/security/mixin-network-suspends-operations-following-200-million-hack/